PPP Loan information for Palmer electric company

$708,700

Palmer electric company was initially approved for PPP Loan of amount $708,700, the current approved amount is $708,700. The loan was approved on 04/14/2020 by The Seacoast National Bank reported 76 jobs and $708,700 was used to fund payroll.

Palmer electric company is Existing or more than 2 years old

PALMER ELECTRIC COMPANY

Date Approved

04/14/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

PALMER ELECTRIC COMPANY

Borrower Address

875 JACKSON AVE 100

Borrower City

WINTER PARK

Borrower State

FL

Borrower Zip

32789-4610

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708700.00

Current Approval Amount

708700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17616

Servicing Lender Name

Seacoast National Bank

Servicing Lender Address

815 Colorado Ave

Servicing Lender City

STUART

Servicing Lender State

FL

Servicing Lender Zip

34994-3053

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTER PARK

Project County Name

ORANGE

Project State

FL

Project Zip

32789-4610

CD

FL-10

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

17616

Originating Lender

Seacoast National Bank

Originating Lender City

STUART

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715262.76

Forgiveness Date

03/31/2021

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